Jan 27, 2013 7:30pm PST
in tax credits and policies of the public utilities commission to favor alternative energy, independent power production. which is obvious today. when they promoted code- generation it was something very novel. 30 years ago. now you have a different name for a period in his third party power production using power in a driving way to recapture the most efficient way. innovation is important. i have to also, every time we heard the word innovation, i have to put a plug in for tradition. i have a very traditional education. i spent a lot of years in silence speaking latin up in the hills, living within the medieval framework. i do respect the past. we study it. if you are grounded in tradition, you feel quite confident in change and innovation. if you are insecure, you are very reluctant to embrace the unknown. i do think we need to in our education and politics, we have to have a new appreciation for our traditions and the patterns that describe our culture and our being as americans. having said all that, we have saved in california tens of billions in energy efficiency. when i first ad
Jan 28, 2013 9:20am EST
tax illinois, he owes even more to the state. maybe he should do a mickelson and move. yes, the tax refugee story will not go away. news this morning, that france's richest man is leaving and taking his wealth with him. arno is doing a depardu. t the wall street journal calculates tiger woods saved 100 million dollars over the years he moved to no tax florida. back to that one-shot $75,000 winner he lives in illinois which has just been downgraded. even though the state income tax has gone through the roof and chicago is concerning lifting, shifting its retiree health costs on to you, the federal taxpayer. can you say obama bailout? yes, we can. "varney & company" is about to begin. houting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ >> we have for a long time on the program and now the all-time high for the dow is in sight. clear sight. the record is 14,163.
Jan 28, 2013 12:00pm EST
the taxes that support government expenditures. they paid premiums through their employers for health coverage. they forgo wage increases that could be much higher if health costs were not growing as fast. they believe are the beneficiaries of the whole two trillion dollars in the end. we are not talking about the blood in the streets. people fighting over dwindling -- over a dwindling pie. i would posit that only in health care what the growth from two 0.9 trillion dollars in 2013 to 5.1 trillion dollars in 2023 would be referred to as a shrinking pie. there will be plenty of resources flowing into the health-care system, just not quite as much as would be flowing if nothing was done. we are talking now to give you some sense of the magnitude of this. we are talking about the .rojected health policy twee if you say two trillion dollars in that growth, you would be reducing health spending to only 40 trillion dollars over the next 10 years. you would be cutting the growth in health spending from an estimated 90% under current policy to only 75% over the next two -- over the next 10 ye
Jan 28, 2013 8:30am EST
in louisiana including the tax reform he's just launched in the past few weeks, what he's doing is trying to think about how at this moment at a time when globalization's putting enormous pressures on working class voters, at a time when the economy is going through a very complicated, difficult moment when it's not clear how to get back to growth, he's thinking creatively about how to use the strength of his state to build on its weaknesseses. and i think at the national level that's what conservatives have to do. to some extempt, it's being done. i would say the policy agenda that has to come at the end of that conversation is not fully worked out by any means, but the questions are being asked. i think the direction of thinking has been helpful even in the wake of the election. if you listen to what people like marco rubio or paul ryan have been saying, it's different from what they themselves were saying six months ago, a year ago. i think the focus is turning to the right place. that doesn't mean that he'll persuade the public, but it certainly helps to ask the right question if you'
Jan 28, 2013 1:00pm PST
to undergo a background check and pay a fine and back taxes before gaining legal status in the united states. all that is contingent on securing borders. the proposal provides for increased use of drones, more personnel and improved infrastructure and it would create an employment verification system and improve the process for admitting needed workers. cnn chief congressional correspondent dana bash and cnn chief white house correspondent jessica yellin are working the story. dana, the tone was pretty optimistic up on capitol hill today. >> it sure was but, you know, we have seen this movie before, you and i, wolf, and a lot of other people watching this issue go kind of up and down with the partisan wins. but this is something that is different this time. because of something very simple. and that is what happened in the last election to republicans. particularly mitt romney with the latino voters. he lost big time. and that's why when i asked senator mccain and others who were standing right here where i'm standing, half a dozen years ago, why this is different, that's why they answered t
Jan 28, 2013 5:00pm EST
. by the way, more good news. the estimates are that tax revenue overall is expected to go up the next fiscal year as much as 2$00 million, putting the district -- $200 million putting the district at a better spot. >> you said it off the top. a good spot to be. >> sure is. >> thank you. >>> officials turned down donald trump's request for a tax break. his organization will be required to pay millions to redevelop the old post office pavilion into a luxury hotel. trump and his daughter asked if the district will forego the taxes to facilitate the redevelopment. mayor gray and the members of the city council said no. >>> president obama hosted the world champion miami heat at the white house today. the event was to recognize the team for its support of american military member and their families. lebron james gave the president a basketball, since he's a huge fan of the game. >> and he said it's casual so, i mean, we can from chicago and dallas, texas, and michigan, ohio, south dakota. [ laughter ] >> miami. i mean we're -- we're in the white house right now and this is like hey. mama made it.
Jan 28, 2013 6:00am PST
of at tax in benghazi which four americans were murdered the president did an interview with steve kroft which he said, we don't know whether this was an act of terrorism or not. cbs sat on the sound bite, only news on the interview and did not release that to the public until way after it became a major issue in presidential they worked on behalf of the obama campaign. your question which is smart one, why are they doing this? i don't know. "60 minutes" is good show a lot of the time. martha: they will take heat for this for some time. >> he is like kryptonite for them. martha: "60 minutes" interview with the president, propaganda. >> melts with obama for some reason. >> also, martha, the other thing is probably the first half the interview is old news. we know how the secretary of state was chosen. we know about the back and forth. this already has been reported on. this is not new information like he was getting new insight how this came about and how they got over their relationship. it really was just a campaign endorsement. martha: yeah. huge questions about how good a secretary of
Jan 28, 2013 8:00am PST
's fiscal crisis saying only significant spending cuts, not tax reform, will solve the deficit problem. that is something is he thinks the president is missing. >> i don't think that the president thinks we actually have a fiscal crisis. he has been reportedly saying to our leaders we don't have a spending problem, we have a health care problem. that leads me to conclude he thinks we ought to have more government-run health care and rationing. i don't think that is going to work. jon: let's get back to karl rove. karl, what about his thoughts on a president bent on conquest? >> i think it is accurate. i wrote about this in my "wall street journal" column last week. i thought it was interesting in the president's inaugural address he went out of his way to take a political slap at his defeated opponent in the election, mitt romney and then he went on to basically call republicans name-calling absolutist who are clowns. in order to make certain we got the point, his communication director had gone on television the day before we have neither a political system or a political opposition w